Total Liabilities for U.S. Bancorp (USB)
According to U.S. Bancorp's latest reported financial statements, the company's latest reported total liabilities is $634.75B USD. Total liabilities sum everything the company owes at the end of each reporting period — accounts payable, accrued expenses, debt, lease obligations, and other claims — as filed on the balance sheet. Compare with total assets and net assets for solvency context.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

USB
Currently viewingTotal LiabilitiesSwitch metric
Latest period
$634.75B
YoY change
+1.2%
5Y CAGR
+4.6%
Peak year (2025)
$626.69B
Latest annual
$626.69B
Total Liabilities history chart for U.S. Bancorp (USB) from 1989 to 2025
Total Liabilities history table for U.S. Bancorp (USB) from 1989 to 2025
| Fiscal year | Period ended | Reported | Total Liabilities | YoY |
|---|---|---|---|---|
| 2025 | $626.69B | +1.2% | ||
| 2024 | $619.28B | +1.9% | ||
| 2023 | $607.72B | -2.5% | ||
| 2022 | $623.57B | +20.4% | ||
| 2021 | $517.90B | +3.5% | ||
| 2020 | $500.18B | +12.9% | ||
| 2019 | $442.94B | +6.5% | ||
| 2018 | $415.72B | +0.8% | ||
| 2017 | $412.37B | +3.6% | ||
| 2016 | $398.03B | +6.1% | ||
| 2015 | $375.04B | +4.7% | ||
| 2014 | $358.36B | +11.2% | ||
| 2013 | $322.21B | +2.8% | ||
| 2012 | $313.59B | +2.8% | ||
| 2011 | $305.15B | +10.0% | ||
| 2010 | $277.46B | +9.0% | ||
| 2009 | $254.51B | +6.5% | ||
| 2008 | $238.88B | +10.3% | ||
| 2007 | $216.57B | +9.4% | ||
| 2006 | $198.03B | +4.6% | ||
| 2005 | $189.38B | +7.9% | ||
| 2004 | $175.56B | +3.1% | ||
| 2003 | $170.23B | +5.1% | ||
| 2002 | $161.93B | +4.5% | ||
| 2001 | $154.93B | +3.5% | ||
| 2000 | $149.75B | +102.7% | ||
| 1999 | $73.89B | +9.2% | ||
| 1998 | $67.67B | +124.7% | ||
| 1997 | $30.11B | +225.9% | ||
| 1996 | $9.24B | +5.5% | ||
| 1995 | $8.75B | +0.9% | ||
| 1994 | $8.67B | -64.1% | ||
| 1993 | $24.14B | -0.7% | ||
| 1992 | $24.31B | +299.1% | ||
| 1991 | $6.09B | +5.1% | ||
| 1990 | $5.80B | +5.6% | ||
| 1989 | $5.49B | — |
Total Liabilities values are taken from U.S. Bancorp's reported balance sheets (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
As of the 2025 fiscal year, U.S. Bancorp (USB) reported total liabilities of $626.69B – edged up 1.2% year-over-year.
Looking at the 2020–2025 (5 years) stretch, U.S. Bancorp total liabilities compounded at +4.6% per year, with the latest reading among the more recent periods of the dataset.
2025 marks the peak total liabilities at $626.69B, with the historical low of $5.49B recorded in 1989.
Among 8 Financial Services peers, U.S. Bancorp (USB) ranks 6th; the peer median for total liabilities is $1.50T.
U.S. Bancorp Total Liabilities by Year
U.S. Bancorp Total Liabilities 2025: $626.69B
U.S. Bancorp total liabilities in 2025 was $626.69B, edged up 1.2% from 2024. This figure represents the highest annual value in the available history.
U.S. Bancorp Total Liabilities 2024: $619.28B
U.S. Bancorp total liabilities in 2024 was $619.28B, edged up 1.9% from 2023.
U.S. Bancorp Total Liabilities 2023: $607.72B
U.S. Bancorp total liabilities in 2023 was $607.72B, edged down 2.5% below 2022.
U.S. Bancorp Total Liabilities 2022: $623.57B
U.S. Bancorp total liabilities in 2022 was $623.57B, grew 20.4% from 2021.
U.S. Bancorp Total Liabilities 2021: $517.90B
U.S. Bancorp total liabilities in 2021 was $517.90B.
See more financial history for U.S. Bancorp (USB).
Sector peers — Total Liabilities
Companies in the same sector as U.S. Bancorp, ranked by their latest total liabilities.
| Company | Total Liabilities | Sector |
|---|---|---|
| JPMorgan Chase & Co. (JPM) | $4.06T | Financial Services |
| Bank of America Corporation (BAC) | $3.11T | Financial Services |
| Wells Fargo & Company (WFC) | $1.97T | Financial Services |
| The Goldman Sachs Group, Inc. (GS) | $1.68T | Financial Services |
| Morgan Stanley (MS) | $1.31T | Financial Services |
| Berkshire Hathaway Inc. (BRK-B) | $502.47B | Financial Services |
| Visa Inc. (V) | $61.72B | Financial Services |
| Mastercard Incorporated (MA) | $46.41B | Financial Services |
Frequently asked questions
What is U.S. Bancorp's total liabilities?
- Latest reported total liabilities for U.S. Bancorp (USB) is $634.75B (period ending March 31, 2026).
How has U.S. Bancorp total liabilities changed year-over-year?
- U.S. Bancorp (USB) total liabilities changed +1.2% year-over-year on the latest annual filing.
What is the long-term growth rate of U.S. Bancorp total liabilities?
- U.S. Bancorp (USB) total liabilities compound annual growth rate is +4.6% over the most recent 5 years available.
When did U.S. Bancorp total liabilities hit its highest annual value?
- U.S. Bancorp total liabilities reached its highest annual value of $626.69B in 2025.
What was U.S. Bancorp total liabilities in 2024?
- U.S. Bancorp (USB) total liabilities in 2024 was $619.28B.
What was U.S. Bancorp total liabilities in 2025?
- U.S. Bancorp (USB) total liabilities in 2025 was $626.69B.
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